03-26-2011 03:00 PM
if you had a BK, a repo or a bad payment history history with any of them.
There is no rule we can give you.
Cars are not driven by scores alone, and the riskier the loan the higher the interest rate.
score, income, DTI, LTV all shape a loan.
BK (fresh or with no rebuilding), Child Support or Mortgage default all kill loans pretty,much across the board.
03-26-2011 03:20 PM - edited 03-26-2011 03:20 PM
if you left them owing monies, you are probably black listed.
Just because you filed BK and it is off your credit report does not mean it is off their internal records, nor does it mean that they cannot hold that fact against you.
So if you BK-ed Ford Motor Credit you will no longer be able to lease, buy or get a preferred APR through Ford.
You may here strories where such and such person got another loan with XXXXX after a BK, they slipped through the cracks- do not rely on it happening to you.
03-26-2011 03:27 PM
which auto lenders blacklist ? and what denial reason do they give if u have stellar credit
Well I would not try the one you burned. And they can give pretty much any reason they want including "past history with creditor"
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.